Predatory lending is rampant in low-income communities, draining over $2.4 billion from cash-strapped borrowers. Protect your finances and support responsible lending policies.

The agency—an unelected regulator with a blank check—has spent much of its short life making things harder for the consumers ...

The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump administration ...

It’s become increasingly common for high-cost payday lenders to attach various “fees” to loans provided to borrowers and ...

Drivers with bad credit can get a MasterCard with a $10,000 limit. Sound too good to be true? That’s because it comes with a ...

Fair and responsible lending can be a valuable tool; predatory lending that traps borrowers in an expensive debt trap is not.

The current cap on payday loans is $825. This expansion would allow up to $25,000 loans with longer loan terms, higher ...

If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for ...

The Russian Central bank raised interest rates late last year to a record high of 21%, in an attempt to curb spiralling ...

Payday lending is illegal and unavailable to consumers in some states. Payday loans usually have very high interest rates and carry risk. As with any loan, consumers should have a clear ...

Tighter lending requirements in banks are pushing more Russians to take out payday loans with interest rates as high as 292% annually. Source: The Moscow Times, citing another Russian media outlet RBC ...

But they can be much safer than other alternatives often resorted to by those with bad credit, such as payday loans, which have exorbitantly high interest rates and can trap you in a cycle of debt.